Global sales of electric vehicles are growing rapidly, with 4.1 million electric vehicles sold in the first quarter of 2025 alone, a 29% increase over the same period in 2024. Global sales reached 1.7 million units in March, confirming a steady trend towards electrification of transport, according to a new report from Rho Motion.
China remains the market leader, selling nearly a million electric vehicles in March, the second time in the country's history that figure has been reached. Overall, Chinese sales are up 36% year-on-year.
Europe is also showing strong growth — +22% since the beginning of the year. The largest growth was recorded in Germany and Italy. In the UK, more than 100,000 electric cars were sold in a month for the first time in March. The reason was a wide range of new models. At the same time, sales in France fell due to a reduction in government subsidies.
North America (US, Canada, Mexico) recorded a 16% growth in the first quarter. But further growth is under threat due to new tariffs on imported cars, particularly from Japan, South Korea and Mexico. This could increase the price of electric vehicles and limit their availability. Some companies have already stopped supplying to the US market.
Despite this, electric vehicles remain more expensive than gasoline-powered cars, and the removal of subsidies and the introduction of tariffs may slow the transition to electric vehicles. However, the overall trend remains positive - more and more people around the world are choosing electric cars.